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Policy Details

Maturity Value

Total Maturity Amount
₹ 11,75,000
for a 20-year Jeevan Anand Policy

Amount Breakdown

Sum Assured: ₹ 5,00,000
Accumulated Bonuses: ₹ 4,80,000
Final Additional Bonus: ₹ 1,50,000
Loyalty Additions: ₹ 45,000
Total Maturity Value: ₹ 11,75,000

Investment Analysis

Total Investment
₹ 5,00,000
Total Returns
₹ 6,75,000
CAGR
4.2%
ROI
135%

Tax Benefits

Annual premium qualifies for 80C deduction (up to ₹1.5L)
Maturity amount is completely tax-free under 10(10D)
Estimated tax savings: ₹ 7,500/year

Investment Comparison

Investment Returns Risk Tax
Your LIC Policy 4.2% CAGR Low Tax Free
Fixed Deposit 6.5% CAGR Low Taxable
Mutual Funds 12% CAGR High Taxable

Important Notes

Review Policy Document

Verify bonus rates and terms in your policy document

Set Premium Reminders

Ensure timely premium payments to avoid policy lapse

Contact LIC Agent

Discuss additional coverage or policy modifications

Consider Additional Coverage

Explore term insurance for higher life coverage

Disclaimer

The tools, LIC Calculators and content on this website are provided for informational purposes only. While we try to keep information accurate and up to date, we do not guarantee its completeness, accuracy, or suitability for your individual circumstances. This website is not responsible for any decisions, losses, or damages resulting from the use of the site or reliance on its content. Nothing on this site constitutes financial, legal, or tax advice — please consult a qualified professional or the official LIC resources before making any insurance or investment decisions. Links to third-party sites are provided for convenience; we are not responsible for their content or reliability.
For more information follow: LIC Official Website

Latest Tools

In India, securing one's future and ensuring the well-being of our loved ones is a deeply ingrained value. We often loo...

For generations, Life Insurance Corporation of India (LIC) has been a cornerstone of financial security for millions of Indian families. From securing a child's education to planning for a comfortable retirement, LIC policies offer a sense of peace and stability. However, understanding the intricacies of these policies – how much you'll pay, what you'll get back, and when – can sometimes feel a bit like deciphering a complex puzzle.

This is where LIC Calculators come in! Think of them as your personal financial "mitra" (friend) – digital tools designed to simplify your financial planning. LIC offers various types of calculators, each designed to answer specific financial questions related to your policy.

What Is a LIC Calculator?

The LIC Calculator is an all-in-one digital tool specifically designed to overcome calculation challenges. It allows you to compute different financial aspects of LIC policies quickly and accurately, transforming complex insurance jargon and numbers into easy-to-understand insights. It helps users estimate:

  • Premium amounts for various LIC plans
  • Maturity values based on your chosen sum assured and policy term
  • Surrender values, returns, pension benefits, and more

Types of LIC Calculators Available

On our website, you can find a wide range of calculators, including:

  • Maturity Calculator
  • Surrender Value Calculator
  • Return Calculator
  • LIC SIP Calculator
  • Home Loan EMI & Eligibility
  • Plan-specific tools like Jeevan Labh, Jeevan Anand, Saral Pension, and more

How Does the LIC Calculator Work?

  1. Informed Decision-Making: Before committing to a policy, you can get a clear idea of how much premium you'll pay and what benefits you can expect. This helps you choose a policy that truly fits your budget and goals, whether it's for your child's higher education abroad or securing your parents' old age.
  2. Budget Planning: Knowing the estimated premium helps you integrate it into your monthly or annual budget without any surprises. No more wondering if the Jeevan Bima fits your ghar ka kharcha.
  3. Comparing Options: LIC offers a wide range of policies. The calculator allows you to quickly compare different plans by adjusting variables, helping you find the best fit for your specific needs, be it a traditional endowment plan or a unit-linked one.
  4. Transparency: It brings transparency to the otherwise complex world of insurance calculations, empowering policyholders with knowledge.

Step-by-Step Guide to Using the LIC Calculator

If you’re new to the platform, here’s how you can use the calculator effectively:

  1. Visit our Website: Go to https://liccalculator.blog
  2. Select Plan Type: Choose from insurance, pension, ULIP, etc.
  3. Pick a Calculator: Example – New Jeevan Anand Calculator
  4. Enter Your Details: Sum assured, Age, Annual premium, etc.
  5. View Result: Instantly see maturity value, bonus and premium, etc.

That’s it — no login, no complex forms, just simple and smart LIC calculations.

The LIC Calculator is more than just a number-crunching tool — it’s your digital insurance guide. It helps you explore, understand, and compare all LIC plans in a simplified way. Whether you’re planning for your family’s future, retirement, or just checking premium options, this tool brings clarity and confidence to your insurance journey.

FAQ Section

An LIC Calculator is an online tool that helps policyholders and new customers estimate premium amounts, maturity values, and returns before buying an LIC policy.
The LIC Premium Calculator works by taking inputs like age, policy term, sum assured, and plan type. Based on these details, it calculates the premium you need to pay.
Yes, LIC Calculators can also estimate the maturity value of your policy by considering bonuses, guaranteed additions, and sum assured benefits.
The results shown by LIC Calculators are approximate. The actual premium and maturity amount may vary depending on the exact policy terms and conditions.
No, you can use most LIC Calculators free of cost and without registration. Just enter the required details and get instant results.